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Smart-Core completes placement of 97,736,000 shares at HK$3 each, raising HK$291.3 million net
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Smart-Core completes placement of 97,736,000 shares at HK$3 each, raising HK$291.3 million net
  • Smart-Core completed a placing of 97,736,000 new shares at HK$ 3 per share, raising net proceeds of about HK$ 291.3 million.
  • Deal closed on July 13, 2026; shares placed to at least six investors; no investor became a substantial shareholder.
  • New shares equal about 16.67% of enlarged share capital; issued share count increased to 586,417,030.
  • Proceeds earmarked for inventory procurement, mainly memory chips and related components; remainder for optoelectronic components.
  • Public float restored, rising to about 33.84% from about 20.61% before the placing.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Smart-Core Holdings Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260713-12242841), on July 13, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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